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Profits - Hr Rate - Percent

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  1. #1
    CopperHeadAKA started this thread.
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    Profits - Hr Rate - Percent

    I'v lost track of time 7 - 8 years I have recycled (scrapped) metals
    all that matters is in my beginning it was Hay day . Math was really not an issue
    it was clear put fuel in truck - hunt - find - sell - and the wallet was full .
    yeah it was like a dream ,
    Well now that I started to analyze true math of any project I do
    the profit is still good and percent over cost is what any businessman would want
    after all most curb hunters find free
    Yet clearly with out volume the hourly rate does not lie LIKE creating a true 40 to 50 hrs of pay per week
    ----------------------------------
    No question If a person has a job & scraps as a hobbie
    Scrapping is a profitable hobbie

    It's clear selling metals is unique compared to other business .
    Success will happen on Volume of weight , and favorable commodity prices
    the need to sell metals in volume is obvious ,
    But
    are (or were ) you a recycler who relied on high commodity prices with low volume
    or
    a volume seller who benefited from previous commodity prices
    but could still manage based on volume .
    It's clear to me with a pickup truck I am a favorable commodity price scrapper
    Now at-least I know.

    Last edited by CopperHeadAKA; 11-30-2015 at 06:47 AM.
    http://www.scrapmetalforum.com/members/copper-head.html
    Copper Head and CopperHeadAKA (same person)
    I am back to my skill set from the 80's Painting & all that follows it
    I removed myself from the trash company I worked for as of 2 years ago
    I find scrap non the less

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  3. #2
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    If I'm reading your post correctly (please correct me if I missed it!), you started scrapping 2008. The world economy crash of 2008, perhaps, the lowest producing world economy in 85 years. So 2009 until 2014 would be more prosperous for most of this planet (call it a hey day compared to 2008).

    As a curb hunter (Curb Co. scrapper), your product cost are lower than most scrappers (maybe). There is still cost associated with any task,, including curb hunting. I don't curb shop, nor do I have a huge problem with anyone that does. I'm not going to try and figure your cost to scrap with this method, I just know there are cost to everything. Put pen to pad, there always are cost to do business (some just not as obvious as gas in the tank). Scrap metal is a commodity, like most commodities the profits are made by knowledge and margins. I'm sure you have the knowledge, I hope you can harvest the "working" margins (someone needs too).

    I come into the scrap business on the garbage side of economic necessity to reduce my companies trash bill. If I can cut my monthly trash bill $5,000 to $8,000 per month by 30% ($1,500 to $2,400). By reducing tip and trip fees through recycling, Iv'e added a value to my scrap materiel (internally) regardless of existing low scrap prices. It is not cheap though to process trash, doesn't matter who does it (trash co., me, or you). That 30% I saved by reducing my trash bill, is about what it cost me for one person (full time) per month. So for me the profit (if any) comes from getting the maximum return, from recycling commercial waste.

    I'm going to throw out some numbers, concerning just the "trash" and recycling problems we all face. The scrap prices go up and down, always have, always (hopefully) will. Our trash problem is only one of many factors that give us "the perfect storm" driving scrap rates to all time low's (factoring in 2015 numbers). As a society, we needed to reduce waste and pollution, we started figuring this out in the 60's. So the "green movement" was needed, but what are the true cost? The myth that the recycling itself will offset the cost, to be "Environmentally efficient" is just not true. The big trash companies have built huge recycling systems, with the most technologically available machines, costing millions of dollars each. Each metroplex in this country has at least one of these "single-stream" recycling factories. Waste Management (largest trash company in the world) alone owns dozens of these Material Recovery Facility (MRF's) across North America. They have exclusive contracts with most large and small cities, giving them absolute right to collect, haul, process and sell all processed scrap. The average municipal contract is for 10 to 15 years, almost always renewed automatically, with contracts guaranteeing they profit (municipalities have to cover any projected losses - tax payers). In 2010 the USA recycled about 34% of our municipal solid waste (MSW), that is residential, schools and office-based business. Does not include factories, heavy industry, construction waste, agriculture waste and mined waste (these are our largest waste streams and same trash companies have most of this business too!). These trash companies have been buying recycling companies across the continent. They have closed the loop, controlling all aspects of business, just a few companies deciding policy and making billions in the process.

    Now the good news, there's a lot out there for curb side scrapper or a dumpster diver. In 2010 our MSW not recycled was 65%. How much can be scrapped? I think most of it, but it's not going to happen if the "business as usual" and preferred methods of the large trash companies continue. From 1960 to 2010 our MSW more than doubled with a 70+% population increase. By 2060 with just under a 30% population increase, how much more trash will we produce? It's all in the numbers:

    1960 the USA's total MSW output was 88.1 million tons, we recycled 5.6 million tons and landfill, incinerated or ocean dumped 82.5 million tons. (back then that was a lot of trash).
    2010 (50 years later) our total MSW output was 205.9 million tons, we recycled 70 million tons and landfill, incinerated, or ocean dumped 135.9 million tons. (I don't want to think what 2060 will be like).

    1960 USA population 180.7 million - 2010 USA population 308.75 million (70.86% increase) - 2015 USA population 320.09 million (3.676% increase) - 2060 USA population (projected) 416.79 million (29.68% increase)

    Copperhead - The amount of "free" scrap at the curb is huge and trash company is only going to recycle 35% at best. You just need to do more volume. I guarantee of the 135.9 million tons dumped in 2010, not all of it was dirty diapers and last night's dinner scraps!

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  5. #3
    CopperHeadAKA started this thread.
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    I guess when I say hay day -
    yes the economy might of been going hard but
    I remember curb stuff earned something not $275 a GT
    but over $55 a GT so for me back then that was enough to spark interest .
    I remember bringing in 900 # and getting $80 or there abouts .
    Trip after trip it's just a big fog of memory
    My job now is a Trash man
    about 4000# total a day . 2 loads @ 1800 # to 2000 # in a pickup truck transfered to a big truck
    or some days a dump 1900# cost $70 to dump last load
    I try to reduce weight for my boss but this is house hold trash
    still if each bag was opened I bet I could cut weight by 35%
    some times it's just too fast a pace .
    Cold - wet - smelly - hot out - No matter the weather I do it .
    actually trash is lucrative Id like to know the start up cost .
    Last edited by CopperHeadAKA; 11-30-2015 at 07:25 PM.

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    I try not to figure out an hourly wage for my hobbies that have a potential revenue stream but I know when it comes down to when it truly feels like work and its almost for nothing, I'll shut it off for...years(?) if necessary. I haven't laid out a mink after Christmas line for about 3 years because even though I like outwitting those silky little devils in their romps through snow banks, I couldn't justify the gas involved to get me around the country-side and that was just at the beginning of the wild mink price collapse. Same way now with anything steel, unless I see parts off of an item that have more than scrap value to them. Likewise with my Cu, its going to get banked unless I truly need some cash. Too much (probably ineffective on my part) work involved to let it go at $1.20 a pound. Someone has written that #2 Cu is going to flatten out at around $1.20 for a national price. Well, that's already here in my area.

    I watched some guy the other night skin out a coon in less than a minute and half (he had mechanical help) and then his buddy chimed in that, yeah, he skinned out 27 masked bandits in an hour the other night. Now, I certainly need to up my game with just a knife and a hanging gambrel, but that just sounds like flat out humping work. Is there any fun left to it?? When it just becomes a grind unless the money is just flowing like milk and honey, then I'm out. If that what you solely do to make money and its just a grind and there's no fun involved (this isn't aimed at anyone in particular), then I truly hope you find some enjoyment in other means. Nothing wrong with good hard work that's tough as long as a person can walk away and enjoy the times when they're not working. Money isn't everything...
    Last edited by DakotaRog; 11-30-2015 at 07:34 PM.

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    Rog - Can you sell the raccoon hides? I'll answer my own question: You can sell anything, if a market exist, then it could be sold.
    What I wanted to know, Do you sell raccoon hides? How stable is the fur trade today, compared to scrap metal prices? What are the prices for say top three available hides in your area? I know there's lots of rural scrap metal yards, that buy hides and fur skins.

    When I was in H.S. growing up in the Ouichita mountains (mid 70's), I used to go raccoon hunting with a friend of mine. We used dogs, my friend actually made more money raising and training "Coon Dogs" then he did hides. I can tell you a good dog team can be very productive in a night of raccoon hunting. I believe he got $20 a hide, some nights we would bag 10 to 15 raccoon's. What I always remember how smart those dogs were.

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    Burt- You must have missed my multiple postings over the 2nd half of 2015 that the wild fur market is basically in the toilet such as metal recycling. From near record highs (in 2013 dollars) in Feb. 2013 to much lower prices or no offers by the summer of 2015. My raccoon skins typically have high grades and are from the 2 most desirable coon "regions" for contemporary use. The prices I received in 2015 weren't overly bad but my clearances were low, only about 35%, meaning the minimum bid that the big fur auction house (largest in North America) thought they were worth weren't met. So the others remain in storage at their facility awaiting the first auction of 2016 in 2 months. The main problem is that the 2 largest countries that buy wild fur were either no shows in 2015 (the Russians) or didn't want to pay out what they did in 2013 and 2014 (the Chinese). Most of the guys in the East, South, and West Coast didn't even get offers for their coon fur in 2015. Right now, the only way for those guys to make any money over a buck or two for a raccoon is to charge or trade for ADC work or if they have an informal meat economy going on (which is non-existent here). Perhaps luckily what looks like a decent El Nino snowy winter may be limiting the harvest in the better coon regions and new fur for the other depressed species for the 2016 auctions may be limited as well. We'll see...

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    Here's a link to my newest thread about how scrap metal and wild fur are alike...

    http://www.scrapmetalforum.com/off-t...-lot-like.html

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    I've been in the e-scrap business for about 5 years. In my conversations with local businessmen, they expect a 5-10% profit per year. The way it was said "for every dollar I put into the business I get 5 or 10 cents."

    If you can double your money (expenses) for every 8 hours you put into scrapping you are making more than most of the businesses out there. It's just making sure that you are busy for 8 hours that's important

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    doppenscrappin- Is this guy a cousin of yours from California??

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    Quote Originally Posted by pharmacycle View Post
    i wouldn't expect an answer from dopenscrapple. all of his posts have to mod approved and they don't approve any of them.
    Could this be dopenscrapple's new account? He was just talking about recycling pharmaceuticals last week.... pharmacycle?

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    Quote Originally Posted by DakotaRog View Post
    Burt- You must have missed my multiple postings over the 2nd half of 2015 that the wild fur market is basically in the toilet such as metal recycling. From near record highs (in 2013 dollars) in Feb. 2013 to much lower prices or no offers by the summer of 2015. My raccoon skins typically have high grades and are from the 2 most desirable coon "regions" for contemporary use. The prices I received in 2015 weren't overly bad but my clearances were low, only about 35%, meaning the minimum bid that the big fur auction house (largest in North America) thought they were worth weren't met. So the others remain in storage at their facility awaiting the first auction of 2016 in 2 months. The main problem is that the 2 largest countries that buy wild fur were either no shows in 2015 (the Russians) or didn't want to pay out what they did in 2013 and 2014 (the Chinese). Most of the guys in the East, South, and West Coast didn't even get offers for their coon fur in 2015. Right now, the only way for those guys to make any money over a buck or two for a raccoon is to charge or trade for ADC work or if they have an informal meat economy going on (which is non-existent here). Perhaps luckily what looks like a decent El Nino snowy winter may be limiting the harvest in the better coon regions and new fur for the other depressed species for the 2016 auctions may be limited as well. We'll see...
    To add to Rog's post, I have 5 or 6 coons at the auction house right now, they've been through 4 auctions so far and not an offer on them. I'm also from Canada, so our coons aren't as desirable

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    Quote Originally Posted by pharmacycle View Post
    i wouldn't expect an answer from dopenscrapple. all of his posts have to mod approved and they don't approve any of them.

    And a new member would know this how? Hmmm.....
    Scrapper, Scrap Yard Worker, Horse farm worker, Cooler Puller and just plain ''tired''

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  21. #13
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    That one was certainly a fast crash and burn. I thought when ds came back from purgatory he was mostly behaving himself. I must have missed something. The "new guy" certainly was "interesting" in the short number of posts. I hope they (he) ditches his old lifestyle. I believe in redemption but if you've been locked up more than once, then you probably have issues that need to get resolved or it will just be the same merry-go-around over and over...

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